$2,000,000
Updated 10 years ago
Sold

337 South 5th Street

Williamsburg, Brooklyn | Rodney Street & Keap Street

4,400 Square FeetIncome Property

$2,000,000
floors / apts3 / 3
Lot Size21'x77'
Built Size21'x50'
ZoneR6
Building TypeTownhouse
RE Taxes$2,232
Price Per SF
$455

This property was sold for $2,000,000 on 07/19/16.

Property Description for 337 South 5th Street

337 South 5th Street is a huge 22' x 55' four floor, two family brick townhouse located in Prime Williamsburg. Approximately 4,400 square feet, this property is in need of a total rehab and a new CO but is a rare opportunity for an investor with the price per square foot being under $550. Only one subway stop to Manhattan and very close to Williamsburg's best corridors, including Bedford Ave, the waterfront, Metropolitan, Driggs and Broadway, this property will be a superb investment for a savvy buyer either as a condominium or income producing asset. Property delivered vacant.

Listing History for 337 South 5th Street

Now
07/19/2016
$2,000,000
Sold and Closed by Alexander Maroni
Douglas Elliman
04/21/2016
Contract Signed by Alexander Maroni
Douglas Elliman

Building Details for 337 South 5th Street

OwnershipIncome Property
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Marcy Av
0.13 miles
Hewes St
0.15 miles
Broadway
0.31 miles
Metropolitan Av
0.36 miles
Lorimer St
0.46 miles

Citi Bike

S 4 St & Rodney St
0.07 miles
Division Ave & Hooper St
0.12 miles

Contact Agents

Contact Agents

Alexander Maroni
Douglas Elliman
Stephanie O'Brien
Douglas Elliman
Jessica Peters
Douglas Elliman

Williamsburg | Brooklyn

Quick Profile

Equal parts family-friendly and millennial haven/nightlife destination, Williamsburg offers the best of all worlds. Whether by night or by day, the ‘Burg has endless options for every type of personality and interest--which has only increasingly become the case after the neighborhood was rezoned in 2005. With the floodgate opened for more varied types of businesses, Williamsburg saw one of the highest rates of development in the past decade than any other part of Brooklyn. 

Referred to as “Little Berlin” for its late night and club-oriented nature, Williamsburg works as hard as it plays. Apart from the Clubland concentrated around Wythe Avenue, there is also a slew of offices (like 25 Kent Avenue, a sprawling eight-floor, 500,000-square foot waterfront building) and co-working spaces such as WeWork, The Yard and Green Desk that make it an ideal location for the corporate-, startup- and tech-oriented set. 

With more offices setting their sights on this part of Brooklyn, it only makes sense that more people want to live close to where they work. Apart from your average walk-up apartment, W-burg has famously become home to numerous condos along the waterfront that continue to grow and expand in concert with the businesses and corporate hubs that have entered the environment. 

Even with its many and undeniable changes, however, Williamsburg remains an arts-friendly community, particularly with regard to music and literature. While DIY spaces have come and gone, certain staples have persisted to become institutions that still provide a place for up and coming musicians to perform. On the literary front, long-standing indie bookstores like Spoonbill and Sugartown and Book Thug Nation have paved the way for others to cross the river, namely McNally Jackson Books. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 63454TH